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Sana'a community supports summer school workers in Bani al-Harith
[20 May 2025]
Sana'a concludes training for "Knights of Development" in al-Thawra district
[19 May 2025]
Sana'a hosts cultural evening for summer course students
[19 May 2025]
Armed forces announce naval blockade on port of Haifa in Palestinian territories
[19 May 2025]
Saree: Important armed forces statement at 11:20 PM
[19 May 2025]
 
  International
Ten martyred, including mother, her six children in enemy shelling of Rafah, Deir al-Balah
[20 May 2025]
Two Palestinian children injured by Israeli enemy fire in al-Khader, another arrested in Beit Fajjar
[19 May 2025]
Hamas welcomes position of Britain, France, Canada, calls for it to be translated into practical steps
[19 May 2025]
Government Media Office in Gaza announces number of martyred journalists risen to 219.
[19 May 2025]
Gaza Health: Northern Gaza Strip without hospitals or health services
[19 May 2025]
 
  Reports
Summer Courses: Educational momentum that Shapes awareness, reshapes generations
[19 May 2025]
America & Policy of Official Blackmail
[18 May 2025]
Yemen’s Position in Supporting Gaza & Confronting Powers of Arrogance: Victory and Lesson
[17 May 2025]
Yemeni Escalation Triggers Unprecedented Zionist Hysteria
[17 May 2025]
Change & Building Government... High capabilities in facing challenges
[17 May 2025]
 
  US-Saudi Aggression
US-Saudi-Emirati crimes on this day in history
[19 May 2025]
US-Saudi-Emirati crimes on this day in history
[18 May 2025]
US-Saudi-Emirati crimes on this day in history
[17 May 2025]
US-Saudi-Emirati crimes on this day in history
[16 May 2025]
US-Saudi-Emirati crimes on this day in history
[15 May 2025]
  International
Egypt is second-largest economy in Africa 2025
Egypt is second-largest economy in Africa 2025
Egypt is second-largest economy in Africa 2025
[Sun, 27 Apr 2025 13:50:18 +0300]

Cairo - (Saba):
The International Monetary Fund (IMF) has released a report ranking the largest economies in Africa based on the economic performance indicators demonstrated by countries over the past period.

The Africa Business Insider website reported that Egypt ranked second among the countries with the largest GDP in Africa in 2025.

The IMF expects the Egyptian economy to witness significant growth of 3.8% during the 2024/2025 fiscal year, compared to 2.4% growth in the previous fiscal year.

This expected improvement reflects the relative stability witnessed by the Egyptian economy, with positive indicators toward further expansion in various sectors.

The report also predicted that this positive trend will continue, with a growth rate of 4.3% during the following fiscal year, which strengthens hopes for a broader economic recovery.

South Africa topped the list, followed by Egypt, Algeria, and Nigeria in fourth place, recording a significant decline despite its large population. Its GDP is expected to not exceed $188.27 billion during the same period.

Morocco came in fifth, followed by Kenya, Ethiopia, Angola, Côte d'Ivoire, and Ghana in tenth place, with a GDP of $88.33 billion.

The report, which focused on economic diversity in Africa, indicated that some African countries have become influential forces in the continent's GDP, while others continue to face significant economic challenges, caused by political crises, weak infrastructure, and overreliance on a single economic sector.

GDP is a vital indicator that reflects the total value of goods and services produced by a country in a single year. This indicator is considered the official "price tag" for the national economy, expressing the level of a country's economic activity and its ability to influence regional and global markets.


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UPDATED ON :Tue, 20 May 2025 00:08:54 +0300